Latest Realty News

DELHI: Realtors' body CREDAI today hailed the RBI's decision to keep policy rates unchanged saying this indicates interest rates have peaked and hoped rates would come down in near future, giving boost to economic growth as well as housing demand.

DELHI: The slowdown in economy coupled with rise in interest rates and uncertain job prospects has hit the demand for real estate. In the third quarter of 2013-14, sales volumes declined 43% to 11.8 million sq ft from 21.9 million sq. ft in the same period last year, says a study by Knight Frank. Despite this, study says, the annual rise in prices of residential units in the last eight quarters is around 10%.

DELHI: The stake sale in Aman Resorts may not have a significant impact on the earnings of real estate developer DLF. Despite several asset sales in the past, DLF's stock has halved in the past one year due to the company's weak operational and financial performance.

MUMBAI: Citi commodity research has come out with a report highlighting 10 areas that should be watched as they will have an impact on the world’s largest commodity consumer with 40 per cent market share. These factors could shape commodity prices and demand outlook in the coming months and years.

MUMBAI: Housing Development Finance Corporation (HDFC), India’s largest mortgage lender, posted a 12 per cent increase in its October-December net profit, helped by strong demand for home loans from non-metros.

MUMBAI:The immediate outlook in housing supply may indicate that demand is yet to catch up, resulting in over-supply. But this is set to change, according to a report by real estate property consultants Cushman & Wakefield.

DELHI: Expressing disappointment over RBI Governor Raghuram Rajan's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.

HYDERABAD: The Confederation of Real Estate Developers’ Associations of India (Credai) Andhra Pradesh Chapter is commissioning a study to assess the demand-supply situation in the real estate sector in the rapidly expanding metropolis of Hyderabad.

CHENNAI: Despite the economic slowdown, there is a healthy housing demand in the suburbs, according to Sandeep Mehta, President, Tamil Nadu chapter of the Confederation of Real Estate Developers Association of India.

CHENNAI: The demand for office space dipped in Chennai during the second quarter of 2013 in the backdrop of the economic situation and cautious market sentiment, according to Colliers International’s quarterly update on office market.

DELHI: A Delhi-based real estate developer’s son was to join his business this August. But owing to the sluggish demand and slowdown in the sector, the family patriarch decided to send him abroad for higher education.

RANCHI: To meet with the water supply demand of urban Ranchi, a detailed project report (DPR) has been prepared by a private consultancy company. The central sanctioning and monitoring committee of the Government of India has approved an amount of Rs 288.39 crore for the same.